Ashmore Group plc 4.1% Potential Upside Indicated by Barclays Capital

Broker Ratings
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Ashmore Group plc with EPIC/TICKER (LON:ASHM) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘EQUAL WEIGHT’ this morning by analysts at Barclays Capital. Ashmore Group plc are listed in the Financials sector within UK Main Market. Barclays Capital have set a target price of 540 GBX on its stock. This is indicating the analyst believes there is a potential upside of 4.1% from the opening price of 518.5 GBX. Over the last 30 and 90 trading days the company share price has increased 32.7 points and increased 53.5 points respectively. The 1 year high for the share price is 532 GBX while the 52 week low for the stock is 334.6 GBX.

Ashmore Group plc has a 50 day moving average of 489.75 GBX and a 200 Day Moving Average share price is recorded at 420.48. There are currently 712,740,804 shares in issue with the average daily volume traded being 1,154,595. Market capitalisation for LON:ASHM is £3,667,051,436 GBP.

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    Ashmore Group plc reports a $2.4 billion decrease in assets under management for the quarter ended 30 June 2024, driven by net outflows and investment performance.
    Ashmore Group plc (LON:ASHM) announces assets under management update for the quarter ended 31 March 2024, showing a decrease of US$2.1 billion.

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